CARR Technical Signal Analysis
CARR have 1 buy signal and 2 sell signals now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -2.42%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of CARR over last 5 trading day is $377,695,392.23
1 Bullish Signal
2 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.42
Bullish
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 < 0
-0.67
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.25
Bearish
1 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.42
Bullish
CARR Support and Resistance Level
The support levels for CARR are at 61.37, 59.37, and 56.15, while the resistance levels are at 67.82, 69.82, and 73.05. With the current stock price at 64.5, it is leaning more toward the support levels.
CARR Technical Analysis
Technical Analysis of Carrier Global (CARR) Stock
Price Overview:
- Current Price: $67.39
- High: $67.59
- Low: $64.77
- Volume: 7,017,276
Technical Indicators:
- RSI (14): 55.13 (Neutral)
- MACD: -0.47 (Slightly Bearish)
- MACD Histogram: 0.22 (Bullish Signal)
- Stochastic Oscillator: %K (69.85), %D (49.30) (Bullish Crossover)
Fibonacci Levels:
- Pivot Point: $64.56
- R1: $67.68
- R2: $69.61
Analysis:
The stock is trading above the Fibonacci pivot point and approaching the R1 level. The bullish crossover in the Stochastic Oscillator and the positive MACD Histogram suggest upward momentum. The recent upgrade by J.P. Morgan to Overweight with a $78 target further supports a bullish outlook.
Recommendation:
Buy at the current price of $67.39, targeting the Fibonacci R1 ($67.68) and R2 ($69.61) levels.
CARR FAQs
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Is CARR a buy based on overall technical signals summary?
CARR Buy or Sell
CARR has 1 buy signals and 2 sell signals now. Overall the technical rating for CARR is Neutral.
Neutral
Sell
2
Buy
1
CARR Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 64.5 below the SMA_5. In the short term, the stock shows a positive trend with the 66.18 above the SMA_20. In the mid term, the stock shows a negative trend with the 65.4 below the SMA_60. In the long term, the stock shows a negative trend with the 67.15 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about CARR's current trend?What are CARR's key support and resistance levels?